Feb. 26: NASA is relying on SpaceX to provide a new rocket for its space programs, one the company's founder says will be safer and ten times more reliable at just one-tenth the cost. CNBC's Jane Wells reports: http://www.msnbc.msn.com/id/21134540/vp/35604353#35604353
1. Why has NASA started giving contracts to private firms?
2. SpaceX says it can provide a service that is ten times as reliable and one-tenth of the cost of NASA’s usual service. Why would a private company be able to provide that kind of service when the government cannot?
3. How do new entrants to an industry or market spur on competition and innovation?
4. Do you think it is a good idea for NASA to outsource services to private companies? Explain.
5. Why do you think there are private space companies with more advanced technology than what NASA currently has?
For more information, please see the izzit. org video Everyone’s Space. Link to External Video
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Source: collegeboard.com
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In Class Project:
SpaceX Powers NASA's Future
Feb. 26: NASA is relying on SpaceX to provide a new rocket for its space programs, one the company's founder says will be safer and ten times more reliable at just one-tenth the cost. CNBC's Jane Wells reports:http://www.msnbc.msn.com/id/21134540/vp/35604353#35604353
1. Why has NASA started giving contracts to private firms?
2. SpaceX says it can provide a service that is ten times as reliable and one-tenth of the cost of NASA’s usual service. Why would a private company be able to provide that kind of service when the government cannot?
3. How do new entrants to an industry or market spur on competition and innovation?
4. Do you think it is a good idea for NASA to outsource services to private companies? Explain.
5. Why do you think there are private space companies with more advanced technology than what NASA currently has?
For more information, please see the izzit. org video Everyone’s Space. Link to External Video